A Step-by-Step-Guide on how to buy NEM (XEM) in Burma
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and receive your welcome $10.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. NEM (XEM) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate NEM (XEM) Once your deposit has been affirmed, you will now have access to your assets and you can initiate purchasing and trading. To invest in (XEM) NEM on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To locate NEM (XEM), you will need to insert the cointype (XEM) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this too. Click on “XEM/BTC” to continue.
Step 4 – Purchasing (XEM) NEM After you've located (XEM) NEM, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are creating our own Limit Order. The “Price” field will be automatically filled with the recent rate NEM (XEM) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of XEM you like to purchase. The “Total” field is the total price in BTC that you will settle for the complete volumen of XEM. If you are glad, click on “Buy XEM”. Your order will be filled as soon as a Vendor trades their XEM for the price you offered.
Step 5 – Withdraw (XEM) NEM Unless you are trading, best advise is not to keep your crypto on an Crypto Trader for an extended time frame. In order to withdraw your NEM (XEM), hover over the “Funds” tab and mouse click on “Withdraw”. NEM (XEM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XEM) NEM by using the provided drop-down box. Drop in the quantity of NEM (XEM) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, click “Submit”. You may be asked for phone/email verification ahead of a take off.